Christy Publications APAC Electric Charging Station Market | Page 3
Lack of good sustainable business and financial model is a major drawback affecting growth of
the APAC electric charging station market. Users are cautious of using electric vehicles because
of the limited range they offer. Complete charging of an electric vehicle anywhere takes from
15 minutes to several hours, hence public charging station needs other facilities and
infrastructure to keep the customers busy. Lack of infrastructure is also a restraining factor
affecting the market growth. Charging stations must be provided at all the public platforms such
as bus stations, airports, parking areas, hospitals, universities, parks, and other places.
Some of the key players operating in the APAC electric charging station market include
PluginIndia.com, Greenlots, Mitsubishi Motors Corporation, ChargePoint, Inc., NARI Technology
Co., Ltd, Blink Charging Co, Toshiba Corporation, Magenta Power, Star Charge, and Efacec
among others.
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